Analysts

What the analysts say

Should you buy, sell, or hold on to PostNL shares? Here we present the recommendations of financial analysts. 

Broker

Analyst

Recommendation

Target price

Date

ABN AMRO ODDO

Stefano ToffanoNeutralEUR 2.7529 June 2022

Bank of America

Muneeba KayaniUnderperformEUR 2.6012 May 2022

Barclays Capital

Marco Limite

Equal weight

EUR 2.70

10 May 2022

Berenberg

William Fitzalan Howard

Hold

EUR 4.20

13 Dec 2021

De Groof Petercam

Frank Claassen

Hold

EUR 3.20

9 May 2022

ING

Marc Zwartsenburg

Buy

EUR 3.60

13 May 2022

Jefferies

David Kerstens

Buy

EUR 3.50

11 May 2022

KBC Securities NVM

Michiel Declerq

Buy

EUR 3.90

9 May 2022

KeplerCheuvreux

André Mulder

Hold

EUR 3.00

13 May 2022

UBS

Ivar Billfalk-Kelly

Neutral

EUR 3.25

12 Apr 2022

the IDEA!

Henk Slotboom

-

-

-

Adjusted on 30 June 2022/10:15

Disclaimer: PostNL is covered by analysts of the brokerage firms listed above. The list may not be complete and is subject to change. Any opinions, estimates or forecasts regarding PostNL's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of PostNL or our management. By publishing the information above, PostNL does not imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by these analysts. PostNL does not assess, comment on or correct analysts' reports, other than factually. PostNL does not pay any fees for carrying out research for analysts' reports or for the production or publication of analysts' reports, with the exception of credit rating agencies.

CONSENSUS PRE Q1 2022 (in € million)

April 2022

 1Q22 EFY22 E
 consensusconsensus
Revenue  
Parcels5692,363
Mail in the Netherlands4331,566
PostNL Other48200
Intercompany-190-728
Revenue total8463,410
   
Normalised EBIT  
Parcels41199
Mail in the Netherlands24105
PostNL Other-21-85
Total normalised EBIT41223
   
Free cash flow12112
   
Volume development parcels-12.7%2.0%
Volume development addressed mail NL -9.0%-9.0%
based on estimates of 9 analysts; consensus calculated as the median of their estimates